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Dec 15, 20216 min read
Successful Construction Bookkeeping Tips That Save You Countless Hours
Bookkeeping can be one of the most daunting processes when you’re running your own business. Maintaining accurate records of financial...
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Nov 25, 20214 min read
What are IOLTA accounts? Common Mistakes To Avoid
Attorneys routinely receive and handle money that belongs to clients for future use such as security settlement payments, fees advanced...
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Nov 22, 20212 min read
What is the difference between revenue and income?
Many people often consider ‘income’ as a synonym of ‘revenue’ since both terms refer to positive cash flow. Understanding the difference...
301
Oct 20, 20215 min read
How To Increase Law Firm Revenue in 2023
Business success and sustainability are dependent on revenue. This metric is also critical to accounting and law firm bookkeeping, law...
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Oct 5, 20214 min read
5 Tips To Improve a Law Firm’s Finances
Managing a law firm is totally challenging for every single lawyer. When it comes to the financial aspects of a business, it doubles the...
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Sep 28, 20216 min read
Three Common Mistakes that Lawyer Make With IOLTA
A simple explanation about IOLTA, how it works, 3 most common mistakes and how to avoid them.
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Sep 22, 20215 min read
The Beginner’s Guide to Trust Accounting
Sometimes it is easy to understand the terms or technical words in the field you work in, sometimes it is not. Even when you understand...
763
Sep 21, 20215 min read
4 Key Practices For Effective Trust Account Management
Every single lawyer knows Trust funds are very crucial to them. They are not only your clients’ most valuable assets but are also...
314
Sep 17, 20212 min read
A Visual Guide to Understanding Three-way Reconciliation
Managing trust accounts means you should understand three-way bank reconciliations. Regardless of whether your state calls it an "IOLTA...
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Sep 13, 20215 min read
7 Accounting Tips to Keep Law Firms Accounting Numbers In Order
Accounting in law firms requires specific skills and care because it is distinguished from accounting in general businesses. In this...
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Sep 7, 20215 min read
How To Set Up The Chart Of Accounts For Law Firm Clients
Lawyers and law firms have specific financial needs that are unique to their industry. When a lawyer decides to make the jump from being...
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Aug 25, 20215 min read
Why Law Firm Accountants And Bookkeepers Are Beneficial To Lawyers?
In terms of business management, there are lawyers thinking of ways to spend the money they have earned and there are ones struggling to...
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